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The Bankers Are In Charge

Your humble observer of the asylum we all have to live in is a fan of satire. One of my daily reads is the Manhattan Infidel. If you too are a fan of satire, you need to make the Infidel a regular part of your daily routine. Dan Miller of DanMillerInPanama, also does great satire; although it is sadly only on occasion. For me, good satire is a way of taking the sting out of the otherwise depressing news of the day. Some times, however, the satire drives home the point so well that it can be painful to read. This is a case in point that I found at Armstrong Economics:

World to be Ruled by Bankers?

A New Yorker satire put it that Citigroup announced on Friday that it would move its headquarters from New York to the actual U.S. Capitol Building, in Washington, D.C., in early 2015. Yes! They might as well had since they got everything they wanted.. Could you imagine Citi outbid JP Morgan and Goldman Sachs to lease thirty thousand square feet of prime real estate on the floor of the House of Representatives.

This is just jumping off the cliff. Not only did these people grease enough palms to repeal Dodd Frank, they are now virtually leasing space right in the Capital Building and managed to increase the donation limitation from $32,400 to $324,000. They own Congress. They might as well have the space and at least pay rent.

Well as they say – there goes the neighborhood. The real problem we face is when you take polls on the job performance on Capitol Hill, we will have to ask which group? Looks like the clouds are starting to gather for 2015.75 in a very dramatic way. Maybe it is just time to leave. Oh ya. This is fulfilling the lyrics of the Eagle’s song Hotel California – where you can check out any time you like, but you can never leave.

It would probably make government a lot more efficient and transparent without impeding the corruption.